Commercial Finance Manager - LONDON - £300-£400 - 3 months

  • Location

    City of London, London

  • Sector:


  • Job type:


  • Salary:

    £300 - £400 per day

  • Contact:

    Jack Webster

  • Contact email:

  • Job ref:


  • Published:

    4 months ago

  • Duration:

    3 months

  • Expiry date:


  • Start date:


Commercial Finance Manager - LONDON - £300-£400 - 3 months

Commercial Finance Manager - LONDON - £300-£400 - 3 months

The work location is in Paddington, LONDON and is a 3 month contract.

The pay rate is between £300 - £400 per day.

The role is working for a well established, multi-national retailer and specialises in clothing, home and luxury product.

The client's strategy is to recover and grow their Clothing and Home business and continue to grow Food, supported by optimisation of their UK store estate, international business and costs. Group Property are responsible for providing a cost optimised property service, and developing an appropriate store portfolio for the Clothing and Home and Food businesses units, which currently comprises over 950 stores in the UK.

Reporting to the Head of Property Finance - Strategy this role business partners the Head of Renewal and Head of Concessions. It is to ensure delivery of robust financial evaluations and sufficient challenge for all "in the box" property developments. The role also co-ordinates with other finance teams, most importantly Retail, Clothing & Home and Food finance, to ensure the impact of expected changes in the property estate are consistently reflected in financial forecasts and budgets across the group and will provide a pivotal role in the Post Implementation review of actions.

Key accountabilities of the role include:

  • Own robust business cases for all "Renewal" (store modernisation) programme, get understanding of the initiatives and trials driving economic benefits
  • Work with Food and Clothing & Home finance teams to ensure accurate modelling
  • Own robust business cases for concession trial and rollouts, support the Head of Concessions in getting these approved at investment committee
  • Ensure reporting of key KPI's and success factors exist for Renewal & Concessions
  • Business Partner the "head of" in both areas, ensuring decisions are sufficiently challenged and robust, and financials are understood
  • Annually undertake a Post Investment Review of store estate actions and use learnings to update the assumptions in the Capital Evaluation Model
  • Provide ad-hoc modelling, including financial support for ad hoc transactions or deals relating to concession partners

Key competencies and skills

  • Qualified accountant with strong financial evaluation capabilities, experience building and business cases. Full understanding of financial evaluation metrics, their uses and limitations and inter-relationships
  • Commercial experience essential
  • Business partnering experience essential
  • Commercial awareness to add challenge and insight to development business appraisals
  • Ability to work closely with and influence non-financial colleagues, including ability to present complex information credibly to members of the property leadership team
  • Ability to maintain and further enhance controls and process and ability to implement change
  • Strong analytical capabilities, comfortable working with and accurately manipulating data to provide accurate and insightful reporting
  • Good IT skills, including advanced excel capabilities
  • Strong team player but also happy to work independently on own initiative

If you are relevant or interested don't delay, contact me on 0161 924 3626